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Careers Employee Benefits

  • Blackstone has agreed to acquire insurance broker Aon's employee benefits outsourcing business for around $4.8 billion.

  • NEW YORK, Feb 9- Private equity firm Blackstone Group LP has agreed to acquire insurance broker Aon Plc's employee benefits outsourcing business for around $4.8 billion, people familiar with the matter said on Thursday. Blackstone prevailed over buyout firm Clayton Dubilier& Rice LLC in an auction for the benefits administration and human resources...

  • Feb 8- A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc's proposed $54 billion merger with smaller rival Cigna Corp, derailing an unprecedented effort to consolidate the country's health insurance industry. The U.S. Justice Department sued in July to stop Anthem's purchase of Cigna, a deal that would have created the largest U.S. health...

  • NEW YORK, Feb 1- The U.S. government on Wednesday proposed an increase of 0.25 percent on average in payments to health insurers who offer Medicare Advantage insurance, which provides health benefits to more than 18 million elderly or disabled people. It is not clear if Republicans will make any broad changes to the Medicare Advantage program, or to Medicare.

  • ROSSELLO SAYS WILL TRANSFER PENSION ASSETS TO PRIVATE K PROGRAM, ALLOW SOME PENSION BENEFITS TO BE TAXED AS ORDINARY INCOME.

  • Jan 20- Ford Motor Co said on Friday it would record a pre-tax remeasurement loss of about $3 billion related to its pension plans and other post-retirement employee benefits plans. The U.S. automaker said the remeasurement loss will not impact Ford's adjusted pre-tax profit or adjusted earnings per share in 2016, and will be recognized as a special item.

  • Jan 19- Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much of Aon's 2010 acquisition of human resources services provider Hewitt Associates Inc for $4.9 billion,...

  • Healthcare

    Here's how you can get the biggest bang for your medical coverage in 2017.

  • Stocks to Watch: January 5, 2017

    Macy's, Kohl's, and Alphabet stocks are making headlines this Thursday morning on Wall Street.

  • Tips on finding work for teens

    CNBC’s Sharon Epperson shares a few tips on how to help your teenager find a job.

  • Dec 21- Hotels in Las Vegas and Washington owned by U.S. President-elect Donald Trump reached agreements with their workers' unions that will end a series of cases alleging the hotels violated federal labor law, the Trump Organization and unions said on Wednesday. More than 500 food and beverage and housekeeping employees at the Trump International Hotel Las...

  • Dec 21- Hotels in Las Vegas and Washington owned by U.S. National Labor Relations Board against the Las Vegas hotel, union spokeswoman Bethany Khan said. Eric Danziger, the chief executive of Trump Hotels, called Unite Here Local 25, the union representing workers at the hotel, which is down Pennsylvania Avenue from the White House, an "important partner" in a...

  • Dec 21- Hotels in Las Vegas and Washington D.C. owned by U.S. The four-year contracts effective Jan. 1 will provide employees of Trump International hotels in those cities with annual raises and pension and health care benefits, Trump Hotels and four unions said in a joint statement. National Labor Relations Board against the Las Vegas hotel, union spokeswoman...

  • millennials in office

    The youngest workers at your office aren't using up all of their days off. You probably aren't, either. Here's why you should change that.

  • NEW YORK, Dec 15- MetLife Inc expects higher U.S. interest rates to add $300 million to operating profits through 2019, the insurer said in a filing on Thursday. The New York- based company, which provides life insurance, annuities and employee benefits, detailed anticipated benefits from higher U.S. interest rates in an 8- K filing with the U.S. Securities and...

  • Man in office

    If you are one of the rare Americans who still has an employer-provided pension plan, sort out how and when you will claim your benefits.

  • AmEx's new family benefits include 20 weeks of paid parental leave, reimbursement of adoption or surrogacy expenses of up to $35,000, and a maximum benefit of $35,000 for reproductive and fertility treatments, the company said. The United States lags behind other developed countries in the amount of leave given to employees. In 2015, only 21 percent of U.S....

  • Spend your year-end bonus in smarter ways

    Experts suggests using the extra income to tackle debt or beef up your emergency fund.

  • IKEA expands paid parental leave

    The company's US division will broaden paid leave benefits for new parents to attract workers.

  • BRASILIA, Dec 5- Brazil President Michel Temer appealed to political leaders on Monday to back his unpopular proposal to reform the country's costly pension system that would force Brazilians to work more years before being eligible for full retirement benefits. The plan, aimed at restoring fiscal discipline to in an effort to regain investors' confidence,...